Cross-commodity competition for dock space to increase with rising exports

15 June 2018:

Since September, Enterprise Products Partners has been offering dock space for loading crude cargoes which is typically used for loading LPG at its Enterprise Hydrocarbon Terminal (EHT) on the Houston Ship Channel (HSC). LPG lifters have noticed there is less flexibility for changing laycans recently, underscoring the surge in crude production and exports from the US. With both crude and LPG exports forecast to grow rapidly, competition for dock space between the commodities will increase in coming years unless new capacity is added.

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